RAAM Construction, a general building construction firm specializing in multifamily and historic preservation projects throughout California, has completed the construction of an affordable senior housing development in La Puente, California for $29 million. Read Article

While the pandemic had a negative impact on many areas of commercial real estate, it only heightened the need for affordable housing. In fact, while the retail and hospitality sectors suffered and are still struggling to recover, the multifamily [...]

The pandemic catalyzed a new wave in demand for health and safety norms in multifamily housing. Renters are increasingly concerned that buildings are able to reduce the risk of airborne illnesses. Contractors are guiding the process by working with [...]

The multifamily sector has not been exempt from the impacts of the pandemic. While the sector hasn’t been rocked in the same way as hotels and retail assets, multifamily has suffered from reduced rent collections, negative rent growth and [...]

The pandemic may catalyze a boom in affordable housing construction in Southern California. Affordable housing was already in high demand before the pandemic, and the economic dislocation has only driven demand up. In addition, affordable housing typically outperforms traditional [...]

One fact is clear as multifamily stakeholders plan for a post-pandemic future: controlling operations cost will be of the utmost importance. This means general contractors that can offer apartment developers innovative, cost-effective solutions that positively impact owners' and renters' [...]